This conference report outlines the proposed House of Representatives and Senate compromise regarding disputed provisions in the proposed School-to-Work Opportunities Act of 1994. First, Congress' findings regarding the education needs of noncollege-bound students, youth employment, work-based learning, and educational attainment in the United States are summarized. Next, the major purposes of the proposed School-to-Work Opportunities Act of 1994 and Congress' intent in passing it are outlined, and pertinent definitions are presented. The remainder of the report consists of the proposed compromise text of titles I-VII of the act, which deal with the following: School-to-Work Opportunities basic program components, system development and implementation grants to the states, federal implementation grants to local partnerships, national programs, waiver of statutory and regulatory requirements, general provisions, other programs, and technical provisions. (MN)